Business News
‘Lawfare Needs to Stop’: Elon Musk Responds to SEC Lawsuit Accusing Him of Underpaying for Twitter, Now X
The SEC alleged that Musk committed securities fraud in 2022 when buying Twitter.
By Sherin Shibu
SEC
Business News
Coinbase Allows Users to Borrow up to $1 Million, Using Bitcoin as Collateral
Coinbase users can borrow as much as 40 percent of the value of the Bitcoin in their account, up to $1,000,000, and can use either their bank account or PayPal to access the cash with no fees.
Business News
SEC Says Elon Musk Violated Settlement With Tweet
It wants to hold Musk in contempt for posting Tesla production claims.
By Jon Fingas
Business News
Elon Musk Asks Judge to Toss ‘Pedo Guy’ Defamation Lawsuit
The Tesla executive says it was just a 'schoolyard spat.'
By Jon Fingas
Entrepreneurs
Elon Musk Drops New Twitter Bomb on the SEC
Um, maybe someone needs a little social media detox?
By Dan Bova
Building a Business
Elon Musk’s $20 Million Settlement for Fraud Charges Add to an Increasingly Bizarre Year for the Billionaire
Musk has become known for his erratic, off-the-cuff online statements, but he's now paying the price and stepping down as Tesla's chairman.
By Hayden Field
Business News
Government Sues Elon Musk for Tweeting About Taking Tesla Private
Musk called the SEC lawsuit 'unjustified action.'
Entrepreneurs
Elon Musk Is Sounding Very Unhappy and Assumes His Life Will Get Worse
The entrepreneurial icon has gone on the record about his personal problems and his unwillingness, or perhaps helplessness, to solve them.
By Peter Page
Business News
6 Lessons Entrepreneurs Can Learn From the Fall of Theranos
Now we know Theranos didn't have brilliant leadership or breakthrough technology, just an abundance of credulous investors.
By Deep Patel
Building a Business
3 Essentials to Succeeding at Equity Crowdfunding
The new regulations grant access to vast new reservoirs of capital, but it's early days yet and the best strategies for tapping them are only now becoming discernible.
Business News
Breaking: SEC Investigating Tesla for Possible Securities Law Breach
Dow Jones cites source in developing story.
Building a Business
SEC Investigating Alibaba’s Accounting Practices
The company has provided the SEC with information about its accounting for logistics unit as well as operating data from its Singles' Day shopping festival.
By Reuters
Building a Business
Lending Club Under Probe by U.S. Justice Dept, Receives Subpoena
Monday's filing indicated that Lending Club had repurchased an additional $3.8 million in loans during the first quarter that did not meet investor criteria.
By Reuters
Building a Business
An Entrepreneur’s Essential Guide to the New Wild West of Funding Opening on May 16
The new rules for equity crowdfunding will soon go into effect, giving entrepreneurs looking to start or grow their business a new way to access capital.
Building a Business
Lending Club’s CEO Resigns After Internal Probe, Shares Plummet
Three senior managers have also resigned or were fired in connection with the internal probe, the company said.
By Reuters
Business Legal
Blood-Testing Firm Theranos Under Investigation by Federal Prosecutors, SEC
The FDA, two state departments of health and The Centers for Medicare and Medicaid have also opened probes against the company.
By Reuters
Building a Business
The SEC Is Itching to Stretch Its Reach Into Venture Deals
Unicorns are a problem for the SEC, and that's a big headache for Silicon Valley and the startup world.
Business News
Amazon Resisting Efforts to Reveal Gender Pay Differences
The online retailer asked the SEC for permission to omit the issue from the annual ballot.
By Reuters
Building a Business
Only 1 in 3 Americans Have Heard of Equity Crowdfunding
But nearly three-quarters of Americans would consider making an investment in equity crowdfunding, according to a new survey.
Building a Business
What the New Equity Crowdfunding Rules Mean for Entrepreneurs
Here are the answers to seven questions that business owners may have about this method of raising capital.
Building a Business
The SEC Just Approved Rules Opening Up Equity Crowdfunding to the General Public In a 3-1 Vote
The new rules give entrepreneurs and small-business owners a new way to access capital to launch and grow their businesses.
Building a Business
Equity Crowdfunding Rules Are Finally Coming to a Vote On Friday. Here’s What You Need to Know.
The Securities and Exchange Commission will consider long-awaited rules to set in motion the next generation of crowdfunding.
Building a Business
4 Things You Need to Know if You Hope to Raise $50 Million With a Regulation A+ Mini-IPO
Not surprisingly, few small businesses were ready for the requirement of the new law. Many are still trying to get these records in order and audits completed.
Building a Business
Why the Recently Passed Law Allowing Mini IPOs May Not Benefit Your Business
The potential to raise $50 million from the 'crowd' is huge, but the costs in cash and time are high.
Building a Business
To Encourage Crowdfunding, Change the Definition of an Investment Company
Equity crowdfunding is hampered by regulations designed to curb stock-market abuse.
By Scott Shane
Building a Business
Why Kickstarter and Indiegogo Won’t Go Into Equity Crowdfunding
The types of investors who put money into reward-based crowdfunders aren't the ones who will buy shares through equity crowdfunding – at least not at first.
By Scott Shane
Business Accounting
Apple’s Tim Cook Made a Rookie Mistake and Might Face SEC Sanctions
The CEO of Apple, which is notoriously tight-lipped, selectively released information about his company's performance. That's not good.